REGISTERED NUMBER: 09210332 (England and Wales)

Unaudited Financial Statements

for the Period 30 September 2023 to 28 September 2024

for

Empire Retail Management (West) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P Dickson

REGISTERED OFFICE:

2a Swordfish Business Park

Swordfish Close

Higgins Lane

Burscough

Lancashire

L40 8JW

REGISTERED NUMBER:

09210332 (England and Wales)

ACCOUNTANTS:

Kirkwood Wilson Limited

2a Swordfish Business Park

Swordfish Close

Higgins Lane

Burscough

Lancashire

L40 8JW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,167

3,662

1,167

3,662

CURRENT ASSETS

Stocks

86,124

245,618

Debtors

6

99,914

388,376

Cash at bank

2,419

-

188,457

633,994

CREDITORS

Amounts falling due within one year

7

343,129

598,938

NET CURRENT (LIABILITIES)/ASSETS

(154,672

)

35,056

TOTAL ASSETS LESS CURRENT LIABILITIES

(153,505

)

38,718

PROVISIONS FOR LIABILITIES

292

916

NET (LIABILITIES)/ASSETS

(153,797

)

37,802

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(153,799

)

37,800

(153,797

)

37,802

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2025 and were signed by:

P Dickson - Director

1.	STATUTORY INFORMATION

Empire Retail Management (West) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumption that affect the amount reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Comparatives

During the year the trade and assets of four shops were disposed of and therefore the figures are not entirely comparable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 44 (2023 - 53 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 30 September 2023

96,000

Disposals

(96,000

)

At 28 September 2024

-

AMORTISATION

At 30 September 2023

96,000

Eliminated on disposal

(96,000

)

At 28 September 2024

-

NET BOOK VALUE

At 28 September 2024

-

At 29 September 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 30 September 2023

38,834

Disposals

(11,985

)

At 28 September 2024

26,849

DEPRECIATION

At 30 September 2023

35,172

Charge for period

1,169

Eliminated on disposal

(10,659

)

At 28 September 2024

25,682

NET BOOK VALUE

At 28 September 2024

1,167

At 29 September 2023

3,662

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.9.24

29.9.23

£

£

Trade debtors

23,743

61,831

Other debtors

76,171

326,545

99,914

388,376

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.9.24

29.9.23

£

£

Bank loans and overdrafts

-

5,374

Trade creditors

149,108

435,601

Taxation and social security

14,532

10,306

Other creditors

179,489

147,657

343,129

598,938

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

28.9.24

29.9.23

£

£

Within one year

-

7,511

9.	RELATED PARTY DISCLOSURES

At 28 September 2024 the company owed a total of £145,951 (£111,266 2023) to companies owned by Mr. P. Dickson within a similar trade and the company was owed £1,182 (£266,348 2023) by other companies owned by Mr. P. Dickson, the director of the company.